Capitalism in America Capitalism is the complete separation of economy and state, similar to the separation of church and state. The theory of capitalism is based on the private ownership of the means of production, which would equal a completely uncontrolled and unregulated economy where all land is privately owned, only an aspect of that premise is based on individual rights. Capitalism recognizes that each individual person is the owner of their own life and …showed first 75 words of 2966 total…

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